Manufacturing Industry Today

Automated Material Handling Equipment Market Dynamics, Trends, Opportunities, and Growth Drivers by 2025

Global Automated Material Handling Equipment Market is expected to grow from US$ 28,643.4 Mn in 2017 at a CAGR of 7.6% during the forecast period 2018 – 2025, to account to US$ 51,219.6 Mn by 2025.
Published 21 October 2020
Growth in the recent years is primarily driven by the major factors, such as increasing need for improving operational efficiency and rising labor costs. Furthermore, the growth in the manufacturing sector has propelled the automated material handling equipment market growth to a significant extent. The Asia-Pacific region led the global automated material handling equipment market in 2017 and is expected to maintain the lead throughout the forecast period. This dominance is attributable to factors including rise in adoption and development of robotics and exponential growth in the e-commerce industry.

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A number of industrial facilities and warehouses are increasing the use of automated solutions to enhance their profits, warehouse operations, comfort as well as worker safety. Automated material handling equipment are largely used at manufacturing sites, distribution centers, retail, wholesale and institutions. Furthermore, it helps in reducing labor cost since automation of processes helps in reducing involvement of several individuals and it generally requires one person to operate such systems. Various industries such as automotive, metals & heavy machinery, food & beverages, and others are concerned about reducing labor intensive processes, increasing accuracy and speed for material handling. However, the high cost associated to installation of these equipment along with the overall maintenance cost is hindering the market growth as it is often not affordable for small plants to incur such costly automation.

Prominent Players:

1. Fives
2. Jungheinrich AG
3. Kion Group AG
4. kuka AG
5. Daifuku Co., Ltd.
6. Hyster-Yale Materials Handling, Inc.
7. BEUMER Group GmbH & Co. KG
8. Hanwha Corporation
9. John Bean Technologies Corporation
10. Toyota Industries Corporation

Report Spotlights
  • Progressive industry trends in the global Automated Material Handling Equipment market help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the global Automated Material Handling Equipment market from 2018 to 2025
  • Estimation of global Automated Material Handling Equipment demand across various industries
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
  • Recent developments to understand the competitive market scenario and global Automated Material Handling Equipment demand
  • Market trends and outlook coupled with factors driving and restraining the growth of the market
  • Decision-making process by understanding strategies that underpin commercial interest with regard to global market growth
  • Global Automated Material Handling Equipment market size at various nodes of market
  • Detailed overview and segmentation of the global market, as well as its dynamics in the industry
  • The global market size in various regions with promising growth opportunities
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Why Buy this report?
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global automated material handling equipment market
  •  Highlights key business priorities in order to assist companies to realign their business strategies
  •  The key findings and recommendations highlight crucial progressive industry trends in the global automated material handling equipment market, thereby allowing players across the value chain to develop effective long-term strategies.
  •  Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  •  Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  •  Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
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